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Federal Budget 2021-22

Australia’s incredible economic rebound has helped the government project a smaller deficit for 2020-21 of $161.0 billion. This is substantially smaller than expected just a few months ago. For 2021-22, it is expected to be $106.7 billion.


Browse our collection of articles for news, education, insights, ideas and opinions on financial, economic and societal topics.  

HOME OPEN: From ‘red hot to hot’

May 30, 2021
Westpac senior economist Matthew Hassan discusses the state of the housing market.

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Spending and surprises: Federal Budget 2021 in a few minutes

May 12, 2021
The federal budget is in and the headline numbers much improved, but what does it mean for households, businesses and the economy?

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Cancel your plans, this budget is a biggie

May 05, 2021
Treasurer Josh Frydenberg says there will be no sharp pivots towards “austerity”.

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BILL’S BITES: Return of property investors yet to stir RBA

April 07, 2021
Westpac chief economist Bill Evans discusses the outlook for RBA policy and the housing market. 

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'Fundamentals' powering house price boom: King

March 21, 2021
Westpac chief Peter King in conversation with journalist Jennifer Hewett at the AFR Banking Summit. 

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Property: Property Market Updates

April, 2021
Latest Westpac Property Market update, powered by CoreLogic

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Feature Articles

Get some tips on how to manage your small business

Business: 4 ways to show customers you're still open for business

Despite the lockdown laws that have come as a result of COVID-19, it’s still business as usual for many SMEs. So how can you let your customers know you’re still trading?

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Business: The importance of planning in times of crisis

Do you have a plan for your business? Planning ahead can help your business maintain stability during uncertain times. Here are 5 reasons why.

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Business: 5 tips for developing business resilience

Wondering how you could better prepare the next time a crisis occurs? 

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Business: Checklist: Preparing your business for the new financial year

The new financial year marks a great time to reassess your business finances. Use this checklist to help keep your business in good shape for the year ahead.

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Business: Social media marketing for a Broking business

How do i use the social media platform to promote my business?

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Business: The key to success in running a small business

Do you know the required steps of running a successful small business? This article covers the "must dos" focusing on the financial industry for a Broking business.

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Westpac’s Trusted Broker of the Future Podcast Series

Welcome to Westpac’s Trusted Broker of the Future podcast series, where we will discuss embracing agility and, change and focusing on the future, highlighting lessons learned and exploring why customers are at the heart of growing a business. You’ll be getting honest, open, and expert opinions to help you in becoming one of the leading brokers of the future. 

Episode 1: Technology

See what technology lies ahead, and what you can apply to your business now to streamline your processes. 

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Episode 2: The human touch

Discover what businesses can do to maintain the “human element” in a more tech-focused world.

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Episode 3: New clients

How do you get new customers in a competitive market trying to capitalise on a booming property market?

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Episode 4: Client retention

Learn about the consumer journey and find out what you need to do to create loyal customers for years to come.

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Episode 5: Attracting the right talent

What do broker businesses of the future need to look like in order to secure the best talent? 

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Episode 6: Future-proofing your business

Explore strategies to future-proof your business and keep up with the ever-changing landscape.

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The information included on, or accessed via, this website is intended for interest only. The opinions and views expressed on, or accessed via, this website are:

1. Provided in the writers’ and speakers’ personal capacities and as such are their sole responsibility, and

2. Such opinions and views are not the opinions and/or views of Westpac and must neither be regarded as constituting advice on any matter nor be interpreted as such.


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